7 The Riverside

    7, THE RIVERSIDE, HEBBURN, NE31 1BG

    This flat/maisonette leasehold property on The Riverside last sold in August 2022 for £95,000. Based on price growth in the NE31 district since then, its estimated current value is £111,998 — placing it in the 5th percentile nationally and the 21st percentile within NE31. The property covers 53 m² (570 sq ft), giving an estimated value of £2,113 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    53 m²

    (570 sq ft)

    Last Sale Price

    £95,000

    Aug 2022

    Estimated Valuation

    £111,998

    Est. £/m²

    £2,113/m²

    £196/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area53 m² (570 sq ft)
    EPC dateJun 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Aug 2022

    £95,000

    26 Oct 2016

    £86,500

    28 Feb 2003

    £69,000

    27 Jul 2001

    £47,000

    Key Metrics

    Estimated valuation£111,998
    Value per m² / sq ft£2,113/m² (£196/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE31 district percentile21st percentile
    National percentile5th percentile

    District Context — NE31

    NE31 covers South Shields and surrounding areas in South Tyneside, on the south bank of the River Tyne in North East England. It is a traditional coastal and former industrial community with a mix of terraced housing, modern developments, and seafront amenities.

    Average Property Price - NE31

    £190,157

    10

    National percentile

    Average Net Household Income - NE31

    £33,631

    23

    National percentile

    10-Year Annualised Price Growth - NE31

    3.4%

    41

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE31

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